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prepare a journal entries for the month of April to record the above transactions ERIT Check Problem 15-1A Part 2 a. Materials purchases (on credit).

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ERIT Check Problem 15-1A Part 2 a. Materials purchases (on credit). b. Direct materials used in production c. Direct labor paid and assigned to Work in Process Indentory, d. Indirect labor paid and assigned to Factory Overhead. e. Overhead costs applied to Work in Process Inventory. f. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash.) g. Transfer of Jobs 306 and 307 to Finished Goods Inventory. h. Cost of goods sold for Job 306. I. Revenue from the sale of Job 306. J. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.) 2. Prepare journal entries for the month of April to record the above transactions. View transaction list View journal entry worksheet Debit Credit General Journal No Transaction 510,000 1 a. 510,000 Raw materials inventory Accounts payable ? h Work in nmane inventory 12 14 13 of 14 1 X ho 2. Prepare journal entries for the month of April to record the above transactions. View transaction list View journal entry worksheet No Transaction General Journal 1 a. Raw materials inventory Accounts payable N b. Work in process inventory Raw materials inventory 3 c. Work in process inventory Cash 4 d. Factory overhead Cash 5 e. Work in process inventory S ! Required information 8 f(3). Factory overhead Accumulated depreciation-factory eq 9 9 f(4) Factory overhead Cash 10 g. Finished goods inventory Work in process inventory 11 h. Cost of goods sold Finished goods inventory 12 Cash Sales 13 j. Cost of goods sold Factory overhead

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